EURUSD
Although the pair did rise this Monday following the increased demand for risk assets, it’s still trading flat. It’s likely to correct downwards, as it’s locally overbought.
The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is above …
EURUSD
The pair is trading within a very narrow range of 1.2260–1.2295. The pair, just as the financial markets as a whole, is under pressure due to the trade war between the US and China. Another negative factor is the decreased trade balance of Germany, which indicates that the country’s …
EURUSD
The pair continues to consolidate within the existing range as the news from Germany and the eurozone indicate weak figures. Also, the trade war between the US and China mфy have a negative impact on the growth of the world economy. If today’s US employment data turns out to …
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